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No Surpise: NY Tax ClimateRanks 49th in the Nation

SOMERS, NY - With voters already taking to the polls, elected officials gathered together to decry the dire economic climate facing New Yorkers caused by failed policies in Albany and Washington DC. The Tax Foundation recently released its annual findings and ranked New York 49th in the nation for business tax climate, 50th for individual taxes and 49th for property taxes.

Matt Slater, Yorktown Town Supervisor and candidate for the 94th Assembly District said, "People in every corner of the 94th Assembly District are fearful about the future economic and affordability crisis New York is facing. People know the cost to keep their lights and heat on are going to put them in a terribly compromising position. It is entirely unacceptable and comes down to spending. This year's state budget turned a surplus into a five year projected deficit and people are done with the continued assault on their wallets, assault on their freedoms and assault on their quality of life."

With September's inflation at 8.2% many are preparing for the interest rates to rise again as daily essentials continue to rise including the price of gasoline. Earlier this year, Slater and Lawler led the call for the implementation of a state spending cap to combat statewide inflation and rein in out of control spending.

New York State Assemblyman Mike Lawler said, "Inflation is at a 41 year high, energy prices are skyrocketing and grocery prices are through the roof. People can barely make ends meet. Rockland and Westchester Counties pay among the highest property taxes in the nation. I will do everything I can do to lift the cap on SALT and ensure all New Yorkers can fully deduct their state and local property taxes from their federal income taxes again. But it goes beyond on that. We have to stop spending money we don't have. The Biden Administration has increased spending by more than $4 trillion while restricting domestic energy. We have to cut spending, we must increase our domestic production of energy and we will lift the cap on SALT for hardworking families all across the Hudson Valley. Otherwise people will not be able to afford to live here anymore."

New York State Assemblyman Kevin Byrne, who is poised to become the next Putnam County Executive added, "The affordability crisis we're living in here in New York State has been going on for years. We have led the nation in outward migration with more than 1,000,000 people in the past 10 years leaving and taking their tax dollars with them. Unfunded mandates from Albany and Washington continue to drive up the cost of government that is harmful to local taxpayers. For the last 10 years New York, and more recently the economic policies of our Governors, have been ranked near the bottom or at the bottom of the list. We need leaders who understand these problems and can direct new policies, with new vision and give us new hope for a better tomorrow."



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